OCEANIA · COUNTRY REFERENCE
Marshall Islands
Written and compiled by American Business Capital Group Inc.
Selected country or entityMap: Natural Earth ↗
ANNUAL ECONOMIC SNAPSHOT
Population & economic scale
The most recent non-empty observations returned by the World Bank when this snapshot was collected. Read the year on each card: these are annual statistics, not live measurements.
World Bank reporting entity: Marshall Islands · 3 of 3 indicators available.
Population
36,282
people
observation
Definition, value & source
Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.
Received value: 36282 people. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division
GDP
$308 million
current US$
observation
Definition, value & source
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Received value: 308000000 current US$. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)
GDP per capita
$8,489
current US$ per person
observation
Definition, value & source
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Received value: 8489.05793506422 current US$ per person. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)
GDP and GDP per capita use current US dollars, without an inflation or purchasing-power-parity adjustment. Source years can differ. Missing data is not zero; earlier archive figures below are retained as a separate historical reference.
THE REFERENCE FILE
Marshall Islands at a glance
These are historical reference facts from the 2025 World Factbook archive. Each estimate keeps its own period; an archive edition does not make every figure a measurement from that year.
Government type
mixed presidential-parliamentary system in free association with the US
Population
total: 82,011 (2024 est.) male: 41,581 female: 40,430
Area
total : 181 sq km land: 181 sq km water: 0 sq km note: the archipelago includes 11,673 sq km (4,507 sq mi) of lagoon and encompasses the atolls of Bikini, Enewetak, Kwajalein, Majuro, Rongelap, and Utirik
Real GDP (purchasing power parity)
$270.809 million (2024 est.) $263.507 million (2023 est.) $274.3 million (2022 est.) note: data in 2021 dollars
GDP (official exchange rate)
$280.358 million (2024 est.) note: data in current dollars at official exchange rate
Real GDP growth rate
2.8% (2024 est.) -3.9% (2023 est.) -1.1% (2022 est.) note: annual GDP % growth based on constant local currency
Real GDP per capita
$7,200 (2024 est.) $6,800 (2023 est.) $6,800 (2022 est.) note: data in 2021 dollars
Inflation rate (consumer prices)
6.2% (2022 est.) 2.6% (2021 est.) -0.7% (2020 est.) note: annual % change based on consumer prices
Public debt
41.6% of GDP (2019 est.) note: central government debt as a % of GDP
Budget
revenues: $171.267 million (2020 est.) expenditures: $159.095 million (2020 est.) note: central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated
Current account balance
$76.263 million (2021 est.) $90.281 million (2020 est.) $86.133 million (2019 est.) note: balance of payments - net trade and primary/secondary income in current dollars
Exports
$130.016 million (2021 est.) $88.042 million (2020 est.) $91.394 million (2019 est.) note: balance of payments - exports of goods and services in current dollars
Imports
$206.025 million (2021 est.) $132.845 million (2020 est.) $129.682 million (2019 est.) note: balance of payments - imports of goods and services in current dollars
Electricity access
electrification - total population: 100% (2022 est.) electrification - urban areas: 96.1% electrification - rural areas: 100%
Internet users
percent of population: 66% (2023 est.)
THE HISTORICAL REFERENCE LIBRARY
Explore the country in detail
Browse the economy, population, resources and infrastructure. These archived descriptions keep their original wording and dates; they have not been updated to describe current conditions.
27 of 27 sections
Location
Oceania, consists of 29 atolls and five isolated islands in the North Pacific Ocean, about halfway between Hawaii and Australia; the atolls and islands are situated in two, almost-parallel island chains - the Ratak (Sunrise) group and the Ralik (Sunset) group; the total number of islands and islets is about 1,225; 22 of the atolls and four of the islands are uninhabited
archive edition 2025 · Archive source ↗
Capital
name: Majuro geographic coordinates: 7 06 N, 171 23 E time difference: UTC+12 (17 hours ahead of Washington, DC, during Standard Time) etymology: Majuro means "two openings" or "two eyes" and refers to the two major passages through the atoll into the Majuro lagoon note: the capital is an atoll of 64 islands; governmental buildings are housed on three fused islands on the eastern side of the atoll: Djarrit, Uliga, and Delap
archive edition 2025 · Archive source ↗
Economic overview
upper middle-income Pacific island economy; US aid reliance; large public sector; coconut oil production as diesel fuel substitute; growing offshore banking locale; fishing rights seller; import-dependent
archive edition 2025 · Archive source ↗
Natural resources
coconut products, marine products, deep seabed minerals
archive edition 2025 · Archive source ↗
Agricultural products
coconuts (2023) note: top ten agricultural products based on tonnage
2023 source periods; archive edition 2025 · Archive source ↗
Industries
copra, tuna processing, tourism, craft items (from seashells, wood, and pearls)
archive edition 2025 · Archive source ↗
Exports - partners
UK 16%, Germany 13%, Denmark 10%, Ghana 9%, Cyprus 9% (2023) note: top five export partners based on percentage share of exports
2023 source periods; archive edition 2025 · Archive source ↗
Exports - commodities
ships, refined petroleum, fish, natural gas, stone processing machines (2023) note: top five export commodities based on value in dollars
2023 source periods; archive edition 2025 · Archive source ↗
Imports - partners
China 47%, Japan 15%, Germany 5%, Brazil 4%, Cyprus 4% (2023) note: top five import partners based on percentage share of imports
2023 source periods; archive edition 2025 · Archive source ↗
Imports - commodities
ships, refined petroleum, additive manufacturing machines, iron structures, crude petroleum (2023) note: top five import commodities based on value in dollars
2023 source periods; archive edition 2025 · Archive source ↗
Climate
tropical; hot and humid; wet season May to November; islands border typhoon belt
archive edition 2025 · Archive source ↗
Terrain
low coral limestone and sand islands
archive edition 2025 · Archive source ↗
Land use
agricultural land: 38.9% (2023 est.) arable land: 2.8% (2023 est.) permanent crops: 36.1% (2023 est.) permanent pasture: 0% (2022 est.) forest: 53.9% (2023 est.) other: 7.2% (2023 est.)
2023, 2022 dates in source text; archive edition 2025 · Archive source ↗
Natural hazards
infrequent typhoons
archive edition 2025 · Archive source ↗
Languages
Marshallese (official) 98.2%, other languages 1.8% (1999) major-language sample(s): Bok eo an Lalin kin Melele ko Rejimwe ej jikin ebōk melele ko raurōk. (Marshallese) The World Factbook, the indispensable source for basic information. note: English (official), widely spoken as a second language
1999 dates in source text; archive edition 2025 · Archive source ↗
Religions
Protestant 79.3% (United Church of Christ 47.9%, Assembly of God 14.1%, Full Gospel 5%, Bukot Nan Jesus 3%, Salvation Army 2.3%, Reformed Congressional Church 2.2%, Seventh Day Adventist 1.7%, New Beginning Church 1.4%, other Protestant 1.6%), Roman Catholic 9.3%, Church of Jesus Christ 5.7%, Jehovah's Witness 1.3%, other 3.3%, none 1.1% (2021 est.)
2021 dates in source text; archive edition 2025 · Archive source ↗
Age structure
0-14 years: 30% (male 12,538/female 12,072) 15-64 years: 64.3% (male 26,750/female 25,944) 65 years and over: 5.7% (2024 est.) (male 2,293/female 2,414)
2024 dates in source text; archive edition 2025 · Archive source ↗
Urbanization
urban population: 78.9% of total population (2023) rate of urbanization: 0.61% annual rate of change (2020-25 est.)
2023, 2020 dates in source text; archive edition 2025 · Archive source ↗
Life expectancy at birth
total population: 75.2 years (2024 est.) male: 73 years female: 77.5 years
2024 dates in source text; archive edition 2025 · Archive source ↗
Literacy
total population: 95.8% (2021 est.) male: 95.7% (2021 est.) female: 96.4% (2021 est.)
2021 dates in source text; archive edition 2025 · Archive source ↗
Carbon dioxide emissions
293,700 metric tonnes of CO2 (2017 est.)
2017 dates in source text; archive edition 2025 · Archive source ↗
Telephones - mobile cellular
total subscriptions: 16,000 (2021 est.) subscriptions per 100 inhabitants: 38 (2021 est.)
2021 dates in source text; archive edition 2025 · Archive source ↗
Broadband - fixed subscriptions
total: 1,000 (2022 est.) subscriptions per 100 inhabitants: 2 (2022 est.)
2022 dates in source text; archive edition 2025 · Archive source ↗
Airports
33 (2025)
2025 dates in source text; archive edition 2025 · Archive source ↗
Ports
total ports: 3 (2024) large: 0 medium: 0 small: 0 very small: 3 ports with oil terminals: 2 key ports: Enitwetak Island, Kwajalein, Majuro Atoll
2024 dates in source text; archive edition 2025 · Archive source ↗
GDP - composition, by sector of origin
agriculture: 19.5% (2023 est.) industry: 11.1% (2023 est.) services: 70.5% (2023 est.) note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
2023 dates in source text; archive edition 2025 · Archive source ↗
Remittances
13.3% of GDP (2023 est.) 13.6% of GDP (2022 est.) 13.3% of GDP (2021 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities
2023, 2022, 2021 dates in source text; archive edition 2025 · Archive source ↗
CURRENCY OBSERVATIONS
Money & exchange rates
The latest verified daily references are separate from the historical country profile. Values are currency units per US$1.
US Dollar
USD per US$1
Daily references are not live execution prices. A check time does not change a source observation date.
CAPITAL MARKETS
Stock exchanges
No venue from our curated stock exchange directory is listed for this entity.
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Official data & country reports
Research directories have their own coverage. A link is not a claim that every entity has an IMF report or a separate national statistical office.
SOURCES & DATES
Where the facts come from.
Editorial presentation by American Business Capital Group Inc. The organizations and archive links below are the underlying sources.
- Country reference
- CIA World Factbook · 2025 archive
- Archive retrieved
- Oct 6, 2026 · retrieval date, not an observation period
- Currency associations
- SIX / ISO 4217 currency registry ↗
- Rate observations
- Frankfurter / official reference providers ↗ · each observation is dated separately
- State classification
- UN member states ↗ · UN observer states ↗
- UN membership is shown separately from territory and currency coverage; inclusion is not a position on sovereignty or boundaries.
- CIA World Factbook text preserved by World Factbook Archive. Archive edition 2025; individual estimates retain their own dates. These are historical reference facts, not current observations.
About the editions. The CIA announced the end of its online World Factbook on February 4, 2026. Our historical profiles retain the archive editions shown above.
Skyhorse lists The CIA World Factbook 2026–2027, published April 7, 2026 (ISBN 9781510786042). That book’s full text has not been incorporated here; its edition title does not redate the imported archive. Archive distribution license.
Geography is a simplified reference. Displayed boundaries and entity inclusion do not express a position on sovereignty or disputed borders.